Quote:
Originally Posted by asianthree
Not really, point is if there are businesses out of state that have a high percentage, do you really believe that developers would be in the low % bracket.
With all our experience would we open a business in the bubble. Definitely No. outside yes. Foot traffic here may be a captive audience, but spending is far different than demographics in other areas
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The point is that every business has a business plan and that determines where they locate. Since we are focused on retail the differentiator will be projected revenue. As you know, some have escalation clauses, some fixed but I doubt there is a big difference between like NACIS codes. I agree, inside the bubble is not an ideal location for any big box store but close by may make sense in the coming years as the apartments fill up and more families are here. The changing demographics will drive who shows up.